--- title: "New solutions for rural bank reform: Why did BANK OF GUIZHOU use trusts to take on over 1.9 billion yuan in deposits? Response: Specific measures taken based on market-oriented and rule-of-law principles" type: "News" locale: "en" url: "https://longbridge.com/en/news/272830826.md" description: "Bank of Guizhou, as the main initiator of Longli Guofeng Village Bank, plans to assume all of its deposit liabilities, with a total principal and interest amount of 1.913 billion yuan, and the consideration for the assumption is 1.849 billion yuan. This agreement will take effect on January 12, 2026, reflecting specific measures of marketization and rule of law principles" datetime: "2026-01-16T11:53:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/272830826.md) - [en](https://longbridge.com/en/news/272830826.md) - [zh-HK](https://longbridge.com/zh-HK/news/272830826.md) --- # New solutions for rural bank reform: Why did BANK OF GUIZHOU use trusts to take on over 1.9 billion yuan in deposits? Response: Specific measures taken based on market-oriented and rule-of-law principles Recently, BANK OF GUIZHOU, a Hong Kong-listed bank, announced that as the main initiator of Longli Guofeng Village Bank, it intends to undertake all deposit liabilities of Longli Guofeng Village Bank. The announcement stated that the deposit assumption agreement between the two parties will take effect after being signed and confirmed on January 12, 2026. The total principal and interest of the subject deposits amount to 1.913 billion yuan, and after deducting the relevant rights associated with the debt assumption of the village bank, the assumption consideration is 1.849 billion yuan ### Related Stocks - [06199.HK](https://longbridge.com/en/quote/06199.HK.md) ## Related News & Research - [Headway Launches $150 No Deposit Bonus](https://longbridge.com/en/news/286344490.md) - [FVSBank Partners with MANTL to Accelerate Deposit Growth with Omnichannel Account Opening | ALKT Stock News](https://longbridge.com/en/news/286926354.md) - [Xiaomi EV reportedly taps new battery suppliers for second brand to target EREV market](https://longbridge.com/en/news/286843996.md) - [LucidSound Introduces LS500 Wireless Gaming Headset, Built for All-Day Comfort and Seamless Play Across Devices](https://longbridge.com/en/news/286964121.md) - [12:45 ETInventHelp Inventor Develops New Bandage Dispenser (TLS-1305)](https://longbridge.com/en/news/286946419.md)